Blackstone Mortgage Trust Inc - Class A

Blackstone Mortgage Trust (NYSE: BXMT) is a real estate finance company that originates, acquires, and manages senior loans and other debt or credit-oriented investments collateralized by commercial real estate across North America, Europe, and Australia. The company's investment portfolio of approximately $19.7 billion is composed primarily of loans secured by institutional-quality assets in major markets, with more than half concentrated in multifamily and industrial sectors. BXMT is expanding into complementary real estate credit strategies including net lease properties through a joint venture, a bank loan portfolio joint venture, and a newly established homebuilder finance joint venture. The company is externally managed by BXMT Advisors L.L.C., a subsidiary of Blackstone, the world's largest alternative asset manager with over $1.3 trillion in assets under management. As a REIT, BXMT's investment objective is to preserve and protect shareholder capital while producing attractive risk-adjusted returns primarily through dividends generated from current income. The company maintains a diversified financing structure across secured debt agreements, securitized debt, corporate debt, and asset-specific debt, with 88% non-mark-to-market debt and financing relationships with 16 bank counterparties. Updated Jul 30, 2026